Spire Wealth Management Invests $5.16 Million in Leuthold Core ETF (NYSEARCA:LCR)

Spire Wealth Management acquired a new position in Leuthold Core ETF (NYSEARCA:LCR) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 160,180 shares of the company’s stock, valued at approximately $5,161,000. Spire Wealth Management owned approximately 7.28% of Leuthold Core ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of LCR. Capital Investment Advisory Services LLC boosted its holdings in Leuthold Core ETF by 130.6% during the 4th quarter. Capital Investment Advisory Services LLC now owns 146,839 shares of the company’s stock valued at $4,724,000 after acquiring an additional 83,156 shares during the period. Koshinski Asset Management Inc. boosted its holdings in Leuthold Core ETF by 98.8% during the 4th quarter. Koshinski Asset Management Inc. now owns 82,048 shares of the company’s stock valued at $2,640,000 after acquiring an additional 40,783 shares during the period. Arcus Capital Partners LLC lifted its holdings in Leuthold Core ETF by 45.3% in the 4th quarter. Arcus Capital Partners LLC now owns 45,930 shares of the company’s stock worth $1,478,000 after buying an additional 14,320 shares during the period. Finally, Avalon Capital Management purchased a new stake in Leuthold Core ETF in the 4th quarter worth approximately $401,000.

Leuthold Core ETF Trading Up 0.6 %

NYSEARCA LCR traded up $0.20 on Monday, hitting $33.18. The company’s stock had a trading volume of 1,912 shares, compared to its average volume of 10,398. Leuthold Core ETF has a 52-week low of $29.49 and a 52-week high of $33.75. The company’s 50-day simple moving average is $33.15 and its 200 day simple moving average is $32.20. The firm has a market cap of $84.61 million, a P/E ratio of 16.00 and a beta of 0.58.

Leuthold Core ETF Company Profile

The Leuthold Core ETF (LCR) is an exchange-traded fund that is based on the SP Target Risk Moderate index. The fund is an actively-managed global asset allocation fund of funds which seeks total return. LCR was launched on Jan 6, 2020 and is managed by Leuthold.